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    Success is a lot of work!
    Success is a lot of work!

    Earlier this week, I took part in a global conference call to kick off Asian Heritage month. For anonymity's sake, I won't mention the name of the keynote speaker (we will refer to her as Ms. Success), but I will tell you that she is a minority in the corporate world due to her gender and ethnicity. She lived most of her life in the Northwest region of the United States, in a time when people of her ethnicity were not welcome... but she persevered, and is now one of the most influential executives of a global company.


    What struck me as interesting and made me even more engaged during her speech was her humility. The woman did not advertise her credentials, nor did she seem boastful or self-entitled. She went on to share some of the finer points she learned during her uphill battle with prejudice and adversity:

    Be Yourself. There is nothing more difficult than trying to be who you are not. It is important to remember where you came from, and what you've done to get to where you are now. Have no shame, and use any struggles and bad experiences as sources of strength... after all, you did eventually overcome them. Besides, smart people will always know if you're wearing a mask.

    Persist. Ms. Success mentioned that at one point in her career, she interviewed for a high level job for which she knew she was more than qualified. Unfortunately, the hiring executive bluntly told her that she did not fit the image, since all of her contacts were old, school, boy's club types, and they would be uncomfortable interacting with a petite, female, minority figure. Well, she did not let this comment phase her and persisted in interviewing with numerous companies - some telling her the same thing. Eventually, she landed an even greater position at a more prestigious company. She learned that by persisting, a door of opportunity will eventually open.


    Adapt. During numerous boardroom meetings, Ms. Success noticed a trend in the way the majority of executives interacted. Since 99% of them were All-American, alpha males, they usually broke the ice by talking football or golf. Now, Ms. Success is neither a football or golf fan... but she did realize the importance of interacting with her peers and not being left out and exposed as an outcast. So, before every meeting, along with reading the headlines in the Wall Street Journal, she would also flip to the Sports Section to catch up on the interests of her peers. While this may seem contradictory to the first point (Be Yourself), remember that much of success comes from relationship building. And, if you don't make an effort to adapt and try new things, you will block the natural growth of a relationship.

    Don't lose sight of the other 25%. Ms. Success stated that as an individual, you are always judged by your performance and contributions at work... 75% of the time! But, what about the other 25%? The relationship building aspect? Well, if you forget about the other 25%, you will soon reach a plateau in your progression to the top. Thus, don't skip out on too many lunches with your peers or superiors, make every opportunity to chit-chat, share your experiences and stories. If you don't build relationships, you may end up alone in a mediocre position with nothing to look forward to but a pat on the back from time to time. Building relationships ensures that you will eventually have a network of people who will help propel you towards your goals in the future.

    Stretch Beyond Your Comfort Zone. Let's be honest... everyone loves the feeling of being the best at what we're doing. But how long will you feel good, if what you're doing remains the same year after year? Colin Powell once said, “If it ain't broke, don't fix it' is the slogan of the complacent, the arrogant or the scared. It's an excuse for inaction, a call to non-arms.” It's usually the person who becomes complacent who no longer continues to grow in self-worth.

    Give Back. Along your journey, you will have learned many valuable lessons and gone through many enlightening experiences. Why not share that knowledge with others? Be a mentor, confidante, teacher... None of us would have succeeded if not for the advice and teachings of those in the know. Pay it forward, because it will eventually catch up to you.

    Balance! That is... find balance in your life. If you have a family, make sure you have quality time devoted to them. Enjoy your time with your spouse, parents, siblings and relatives. Spend time with good friends and make sure to laugh often. If you want to focus on yourself, make sure that you find ways to personally develop. Take some classes in something totally unrelated to work, travel, try new foods, meet new people. No one can keep sane with all work and no play... that's not what life is all about. Being happy in your personal life, will make success easier and more fun to accomplish!

    Remember these 7 points... and take advantage of Ms. Success' knowledge and experience. I know I will!
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    Vote for America!

    November 4th 2008 17:21
    Vote!

    The day has descended upon us, Americans... it's time to vote! I'm not here to promote my own views of each Presidential candidate's agendas or even agendas of the Republican and Democratic parties. I'm just here to say that it is time to vote!

    Today I, as well as many others, have seen an overflow of eager, registered voters flood the polling stations. It's amazing that more people than ever have showed up to demonstrate that they care about the country and its future... or maybe their own not-so-obvious agendas? Nevertheless, I was shocked to venture out at 6am this morning and witness a long line wrapping around my designated polling station.

    If you read the news lately, you would see that America is not prepared for the upsurge of interest in the Presidential polls. Read a clip here from Fox News (Broken Machines, Shortages Plague Voters).

    But, what is it that drives all these voters to action, when action was already needed years ago? Is it truly "change"? Is it merely the impressive rhetoric spouting out of one charismatic candidate's pie-hole? Is it fear of the "same" 8 years that we've lived under the shadow of a Bush? Is it the ridicule showered upon a certain Vice Presidential candidate's reputation, made popular by a consistently leftist, Saturday night skit-show? Is it racial tension?

    Who knows fore sure? All I can say is, "Good for you, America!" Interest has finally peaked for your welfare. Whether the reasons are right or wrong, at least Americans are out to do something about the way things currently are. This is what the United States and every other free country is all about... freedom to choose.

    Now, let's just hope that the broken polls, missing ballots, and "mistakes", don't lead to another "recount"!
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    It’s not new news that the financial market sucks. Everyone’s been affected in some way by now; whether you’re worrying about your own job, your credit, your mortgage payments, gas prices, or unnecessary expenses (e.g. dining out, entertainment, luxury vacations, etc.). Sympathies also go out to the graduating classes that now find it difficult to obtain a good paying job. Wall Street and every other financial corner of the United States are “re-assessing” the value of fancy MBA education – therefore leaving those with educational debt in the red.

    But, just because the market sucks, it doesn’t mean that it can’t be entertaining. Nowadays, former bankers, analysts, and hedge funders are lashing out at the big, bad, world… claiming that they are the victims of capitalism and long hours, chained to a computer. Yet, with some of the wealth they have accumulated… should we feel sorry for them? Should anyone (who is not an i-banker, analyst, or financial monkey) who has a dream of making it big in any metropolitan area, feel sorry for these shmucks who dare voice out in an attempt to exemplify an ounce of integrity? Here is one of the most recent communications by Andrew Lahde, a successful, Santa Monica hedge fund manager, who now despises the very system that allowed him to retire comfortably. You decide… should we empathize with this guy? Do you think his statement, while insightful… is genuine?

    The Andrew Lahde Farewell Letter:

    Today I write not to gloat. Given the pain that nearly everyone is experiencing, that would be entirely inappropriate. Nor am I writing to make further predictions, as most of my forecasts in previous letters have unfolded or are in the process of unfolding. Instead, I am writing to say goodbye.

    Recently, on the front page of Section C of the Wall Street Journal, a hedge fund manager who was also closing up shop (a $300 million fund), was quoted as saying, "What I have learned about the hedge fund business is that I hate it." I could not agree more with that statement. I was in this game for the money. The low hanging fruit, i.e. idiots whose parents paid for prep school, Yale, and then the Harvard MBA, was there for the taking. These people who were (often) truly not worthy of the education they received (or supposedly received) rose to the top of companies such as AIG, Bear Stearns and Lehman Brothers and all levels of our government. All of this behavior supporting the Aristocracy, only ended up making it easier for me to find people stupid enough to take the other side of my trades. God bless America.

    There are far too many people for me to sincerely thank for my success. However, I do not want to sound like a Hollywood actor accepting an award. The money was reward enough. Furthermore, the endless list those deserving thanks know who they are.

    I will no longer manage money for other people or institutions. I have enough of my own wealth to manage. Some people, who think they have arrived at a reasonable estimate of my net worth, might be surprised that I would call it quits with such a small war chest. That is fine; I am content with my rewards. Moreover, I will let others try to amass nine, ten or eleven figure net worths. Meanwhile, their lives suck. Appointments back to back, booked solid for the next three months, they look forward to their two week vacation in January during which they will likely be glued to their Blackberries or other such devices. What is the point? They will all be forgotten in fifty years anyway. Steve Balmer, Steven Cohen, and Larry Ellison will all be forgotten. I do not understand the legacy thing. Nearly everyone will be forgotten. Give up on leaving your mark. Throw the Blackberry away and enjoy life.
    So this is it. With all due respect, I am dropping out. Please do not expect any type of reply to emails or voicemails within normal time frames or at all. Andy Springer and his company will be handling the dissolution of the fund. And don't worry about my employees, they were always employed by Mr. Springer's company and only one (who has been well-rewarded) will lose his job.

    I have no interest in any deals in which anyone would like me to participate. I truly do not have a strong opinion about any market right now, other than to say that things will continue to get worse for some time, probably years. I am content sitting on the sidelines and waiting. After all, sitting and waiting is how we made money from the subprime debacle. I now have time to repair my health, which was destroyed by the stress I layered onto myself over the past two years, as well as my entire life -- where I had to compete for spaces in universities and graduate schools, jobs and assets under management -- with those who had all the advantages (rich parents) that I did not. May meritocracy be part of a new form of government, which needs to be established.

    On the issue of the U.S. Government, I would like to make a modest proposal. First, I point out the obvious flaws, whereby legislation was repeatedly brought forth to Congress over the past eight years, which would have reigned in the predatory lending practices of now mostly defunct institutions. These institutions regularly filled the coffers of both parties in return for voting down all of this legislation designed to protect the common citizen. This is an outrage, yet no one seems to know or care about it. Since Thomas Jefferson and Adam Smith passed, I would argue that there has been a dearth of worthy philosophers in this country, at least ones focused on improving government. Capitalism worked for two hundred years, but times change, and systems become corrupt. George Soros, a man of staggering wealth, has stated that he would like to be remembered as a philosopher. My suggestion is that this great man start and sponsor a forum for great minds to come together to create a new system of government that truly represents the common man's interest, while at the same time creating rewards great enough to attract the best and brightest minds to serve in government roles without having to rely on corruption to further their interests or lifestyles. This forum could be similar to the one used to create the operating system, Linux, which competes with Microsoft's near monopoly. I believe there is an answer, but for now the system is clearly broken.

    Lastly, while I still have an audience, I would like to bring attention to an alternative food and energy source. You won't see it included in BP's, "Feel good. We are working on sustainable solutions," television commercials, nor is it mentioned in ADM's similar commercials. But hemp has been used for at least 5,000 years for cloth and food, as well as just about everything that is produced from petroleum products. Hemp is not marijuana and vice versa. Hemp is the male plant and it grows like a weed, hence the slang term. The original American flag was made of hemp fiber and our Constitution was printed on paper made of hemp. It was used as recently as World War II by the U.S. Government, and then promptly made illegal after the war was won. At a time when rhetoric is flying about becoming more self-sufficient in terms of energy, why is it illegal to grow this plant in this country? Ah, the female. The evil female plant -- marijuana. It gets you high, it makes you laugh, it does not produce a hangover. Unlike alcohol, it does not result in bar fights or wife beating. So, why is this innocuous plant illegal? Is it a gateway drug? No, that would be alcohol, which is so heavily advertised in this country. My only conclusion as to why it is illegal, is that Corporate America, which owns Congress, would rather sell you Paxil, Zoloft, Xanax and other additive drugs, than allow you to grow a plant in your home without some of the profits going into their coffers. This policy is ludicrous. It has surely contributed to our dependency on foreign energy sources. Our policies have other countries literally laughing at our stupidity, most notably Canada, as well as several European nations (both Eastern and Western). You would not know this by paying attention to U.S. media sources though, as they tend not to elaborate on who is laughing at the United States this week. Please people, let's stop the rhetoric and start thinking about how we can truly become self-sufficient.

    With that I say good-bye and good luck.
    All the best,
    Andrew Lahde


    Meanwhile, Mr. Lahde is said to have a net worth of $10 million USD... does he even have the right to comment about this crisis?
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    Tribute of Lights, 9/11, September 11, World Trade Center
    Tribute of Lights by Robert McMahan

    Seven years ago, the day was September 11, 2001. The wound has healed, but a slight bruise in place of it still stirs up tragic memories. I remember that day as if it just happened; and I remember the few days leading up to that grim event that would change everyone and everything.

    [ Click here to read more ]
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    True Blood, Review, HBO, series, Vampire, Top 10 List, Dracula
    Suck this!

    After watching the premiere episode of, “True Blood”, on HBO last night, I truly thought it sucked (pun intended). Now, I haven’t read any of the Southern Vampire Mysteries books by Charlaine Harris, from which the series is a direct adaptation; but I’m almost certain that those that have read the books will be groaning after watching True Blood’s first season of unoriginality.

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    Facebook is just another social experiment to add to the likes of Friendster, MySpace, YouTube, etc. Many of my friends, colleagues, and family members urged me to get on... "It's the medium of the future, man!" I wouldn't disagree with this statement, as there has been an explosion of social networking sites to prove the importance of this medium; but Facebook really led me to ponder its real purpose.
    Facebook, computer, web, network, social, internet
    Facebook you dummy!

    I've had an account on Facebook for about 6 months now and let me tell you that the initial fascination I felt with it faded away fast. It's not that the website is unimpressive or a total waste of time, it's just that it is super-saturated with all these so-called 'social applications' that suck the life out of your productive, even leisure time


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    I've been meaning to write about the ying and yang for quite some time; particularly my new found awareness of how it is ever so present in my own life. As many of you already know, the concept of yin and yang describes two opposing and, at the same time, complementary (completing) aspects of any one phenomenon (object or process) or comparison of any two phenomena. They are universal standards of quality at the basis of the systems of correspondence seen in most branches of classical Chinese science and philosophy. At least that's how it is described in Wikipedia...
    Silver Buddha

    Now, it may be old news to some of you more enlightened folks out there, but I began to notice the reality of the ying and the yang in my own life. For instance, whenever something TOTALLY EXCELLENT happens to me, whenever I come across some good fortune or perform some good deed, an equally opposing force inevitably comes about later on that day


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    Girls Dancing
    Which one?

    I can remember when I first started learning how to meet women... I always assumed that no sensible woman would just give out her phone number to a complete stranger. But then I found out that no woman is always sensible all the time!

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    Okay, I'm not sure how often a situation like this happens... but I do remember that it happened to me early in my career; so I thought I would give every innocent employee out there a heads up and share my tips on how to avoid a bad career situation.

    thief
    Don't be a thief!

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    Times Square (@ Broadway)

    If you’re visiting the city, commuting, or have taken the plunge and decided to move into the thriving metropolis full-time, it will always be useful to know how to properly navigate through its overcrowded streets and subterranean tunnels. Follow these 10 tips to avoid getting stuck in a sea of jaded commuters or photo-happy tourists, and reduce your walk time by at least 10 minutes (results may vary.)

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